Call reports 2004
HORIZON BANK — 2004
What HORIZON BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 101,104,000 | 110,695,000 | 117,513,000 | 122,847,000 |
| Total loans | 82,983,000 | 90,481,000 | 97,869,000 | 102,720,000 |
| Allowance for loan losses | 760,000 | 850,000 | 925,000 | 940,000 |
| Securities available for sale | 4,703,000 | 6,855,000 | 7,074,000 | 6,829,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,426,000 | 101,206,000 | 108,874,000 | 108,808,000 |
| Interest-bearing deposits | 83,422,000 | 92,854,000 | 99,489,000 | 100,245,000 |
| Noninterest-bearing deposits | 10,004,000 | 8,352,000 | 9,385,000 | 8,563,000 |
| Equity capital | 6,590,000 | 7,372,000 | 8,395,000 | 8,645,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,414,000 | 2,982,000 | 4,690,000 | 6,481,000 |
| Interest expense | 497,000 | 1,033,000 | 1,604,000 | 2,203,000 |
| Net interest income | 917,000 | 1,949,000 | 3,086,000 | 4,278,000 |
| Noninterest income | 43,000 | 8,000 | 96,000 | 131,000 |
| Noninterest expense | 722,000 | 1,448,000 | 2,175,000 | 2,865,000 |
| Provision for loan losses | 121,000 | 186,000 | 306,000 | 411,000 |
| Pretax income | 117,000 | 323,000 | 701,000 | 1,133,000 |
| Income tax | 0 | 0 | 55,000 | 180,000 |
| Net income | 117,000 | 323,000 | 646,000 | 953,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,588,000 | 7,595,000 | 8,418,000 | 8,725,000 |
| Total capital | 7,348,000 | 8,445,000 | 9,343,000 | 9,665,000 |
| Risk-weighted assets | 74,367,000 | 81,305,000 | 84,383,000 | 87,724,000 |